UTHSC Women’s Faculty Group Women & Philanthropy November 9, 2007

1. UTHSC Women’s Faculty GroupWomen & PhilanthropyNovember 9, 2007 Rose Mary Fry, Executive Director Texas Nonprofit Management Assistance Network rmfry@txnetwork.org

2. Agenda Overview of Giving USA Roles of Women in Philanthropy Methods of Giving • Volunteering • Professional • Fundraisers • Traditional Gifts • Giving Circles

3. Words of Wisdom “These are women who understand the simple concept of generosity and connecting to others. They want to contribute back to their community and make it better.” Ana Gloria Rivas-Vazquez, Smart Women with Spare Change, Key Biscayne, FL “When women are fully involved, the benefits can be seen immediately: families are healthier; they are better fed; their income, savings, and reinvestment go up. And what is true of families is true of communities, and, eventually, the world.” Former UN Secretary General Kofi Annan

4. Giving by Women IRS Figures/2005 2001: 3.4 million/46.3% of top wealth holders were women An increase of 36% from 1998; combined net worth of $6.3 trillion Center for Women’s Business Research/2006 10.4 million privately held businesses, 50% or more women-owned firms, 2/5 or 40% of all businesses in country

5. Other Statistic Women are responsible for 83% of all consumer purchases. Source: Diversity Best Practices & Business Women’s Network

6. Women’s Roles in Philanthropy • Volunteers • Professionals • In corporations driving corporate philanthropy • In nonprofits directing change • In foundations setting policy and serving as executive • Fundraisers • Members of family foundations • Donors • Individual donors • Members of formal giving circles • Members of informal giving circles

7. Volunteerism • Hands-on Volunteer • Donation of Expertise • Board Member

8. Types of Recipients of Contributions: 2006 Total = $295.02 billion Environmentand animals$6.602.2% Internationalaffairs$11.343.8% Arts, culture, and humanities$12.514.2% Unallocatedgiving $26.088.8% Public-society benefit$21.417.3% Foundations$29.50 10.0% Health $20.226.9% Religion $96.82 32.8% Humanservices $29.56 10.0% Education$40.9813.9%

9. 2006 Charitable Giving Total = $295.02 billion Corporations$12.724.3% Foundations$36.50 12.4% Individuals$222.89 75.6% Bequests$22.91 7.8%

10. Reinventing Fundraising Authors: Sondra C. Shaw & Martha A. Taylor • Give women an opportunity to connect and create from the beginning. • Do not assume that women are interested in a project simply because it is about women. • Link the organization or cause with something meaningful to the women. • Capture the fun of philanthropy. • If committed, women will stick with their decision to support the organization, even when it does not produce immediate results.

11. Reinventing Fundraising… • Women usually volunteer their time and talents before they give financially. • Women want to research the organization thoroughly before committing to making a gift. • Women will take longer to decide to give a gift than men. • Women are more likely to support a cause that helps others or will help make the world a better place. • Women give to causes that create change in people’s lives or the community, not to preserve the status quo.

12. San AntonioGiving Choices • Individual Nonprofit Organizations • Impact San Antonio, www.impactsanantonio.org • Women’s Leadership Council of the United Way of San Antonio & Bexar County, http://www.unitedwaysatx.org/Pages/WLC.html • Women’s Donor Advised Fund at the San Antonio Area Foundation, 2008, www.saafnd.org

13. Giving Circles • Individual gifts • The power of a leveraged gift • Education about nonprofit issues • Opportunity to review grant requests and to make site visits • Ability to vote for the grant finalist

14. Giving Circles • In 2006, giving circles gave $13 million to community needs • Giving circles have raised nearly $100 million • Nearly 12,000 people learn and donate through giving circles.

15. Resources Giving Circle Knowledge Center, http://www.givingforum.org/s_forum/sec.asp?CID=13&DID=13 Women’s Philanthropy Institute at Indiana University, • http://www.philanthropy.iupui.edu/PhilanthropicServices/WPI/